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ON THE MOVE: BNP Paribas AM Names Deputy CEO; Trading Technologies Promotes Four

Traders Magazine
BNP Paribas Asset Management appointed
Sandro Pierri as Deputy CEO, with effect from 1 January 2021. This is in addition to his role as Head of BNPP AM’s Global Client Group, which he has held since 2017. Pierri is based in London and reports to Frédéric Janbon, CEO of BNPP AM. Pierri has more than 30 years’ experience in the asset management industry. He began his career in 1989 as a portfolio manager with San Paolo Fondi, moving to BNL Gestioni in 1992, before joining ING Investment Management in Italy in 1994, where he held several commercial roles. Between 2002 and 2003 he was Chief Executive of ING Group’s Italian retail business. Following the acquisition by UniCredit/Pioneer of ING’s Italian business, he joined Pioneer Investments, UniCredit’s asset management division, in 2004. He spent 10 years in various commercial and managerial positions, including being appointed CEO in 2012. ....

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BestEx Research Names Richard Chase Chief Compliance Officer

/PRNewswire/ BestEx Research Group, LLC, a provider of high-performance algorithmic execution and measurement solutions for equities, futures, and foreign. ....

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BestEx Research Group Raises $5M in Series A Funding

BestEx Research Group, LLC, a NYC and Stamford, Conn.-based provider of high-performance algorithmic execution and measurement solutions for equity, futures and foreign exchange (FX), raised $5m in Series A funding.
The round – which brings the valuation to $50m – was led by QC Ventures Ltd. In conjunction with the funding, QC Ventures Ltd. and Quadrature Co-Founders, Suneil Setiya and Greg Skinner joined BestEx Research’s Board of Directors.
The company intends to use the funds to accelerate rapid growth in its product design and development efforts, dashboard enhancements, analytics and other corporate developments as it prepares to roll out its futures and FX products. ....

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